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Competition from China and other countries is forcing Canadian makers of wood products to combine efforts.
Although exports of lumber to China and other countries with growing economies have greatly helped Canadian lumber manufacturers, if you make value-added wood products in Canada (e.g.: furniture, flooring, doors) then you likely face fierce competition from international companies.
Recently, some of these Canadian manufacturers have been meeting to share ways to market, increase productivity, reduce waste, and improve products. By sharing each other's secrets and processes, everyone benefits.
In years past – tumultuous years, given the surge of competition from China and the soaring Canadian currency – these small and medium-sized makers of furniture, flooring, doors and cabinets viewed each other as direct competitors. Now, 30 business owners gather every few months in small boardrooms to share ideas.
To read the full article, click below:
http://www.theglobeandmail.com/report-on-business/economy/canadas-wood-firms-cluster-for-survival-and-growth/article2387655/
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